Fast activity moving to higher priced homes…

Troubled Assets

This bank foreclosure, located in Portland’s suburb of West Linn, sold in just 20 days at $442,500. Initially, the buyer frenzy that we are all reading about in the news only took hold in Portland’s lower priced and starter homes, creating a bilateral market (a seller’s market at the bottom while still a buyer’s market with more expensively priced homes). While this is still the case, we are seeing this buyer frenzy slowly move it’s way up the price latter.

View original post

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s